I had to wonder about this report on the current crop of one percenters--they seem to be limiting their fun to September. Surely, things can't be that bad.
One thing that’s interesting to consider is that a generation or two ago, wealthy jet setters vacationed non-stop through all four seasons of the year. I can recall having a conversation with a veteran fixture on the international party circuit who told me that in his youth members of society always spent summers on the French Riviera, the fall in London or New York, winters in St. Moritz, and the spring in Paris. To them, the possibility of ever putting an end to the bacchanalian fun was unthinkable, he said. So, according to the gold standard established by the original jet-setters, spending the entire month of September on holiday may not even be that impressive a feat after all.
